SDA 0.00% 79.0¢ speedcast international limited

Ann: FY2019 Preliminary Financial Report and Appendix 4E, page-5

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  1. 4,890 Posts.
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    The problem with a rights issue is that the debt dwarfs the market capitalisation so any rights issue might need existing holders to tip in cash to the current value of their shares to even make a dint in the debt.

    I suspect their bankers will be directing traffic from here.
 
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